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May 10, 2018

The UAE Businessman Hussain al Nowais

When you will look for the richest business tycoons from all over the world then you will simply find many of them are from the United Arab Emirates.

Seven at least that are UAE homegrown businessmen and conglomerates that own huge assets of major establishments like hospitals, high rise buildings, banks and mega shopping malls are among these mentioned.

It is then a fact that businessmen from UAE are more inclined to generate more profit and gain more asset in business compared to many other countries. In fact, as confirmed by Forbes’ in 2018, among the list of 2,200 billionaires around the world the wealthiest individual and families are from UAE.

Even then those that are in business about health care, money exchange, and property have continued to prosper and gain, but those that ventured in banking investments, automobiles and other industries showed a challenge by a notable decrease in profit.

Born and raised as well in Abu Dhabi, UAE, Hussain Al Nowais is one of the mentioned successful billionaires that made a record in the business industry. An international graduate notably in Portland, he excels in his career, adding his additional studies in France and London.

Graduated Business Administration in 1979 made way to his contributing success today. Being business minded, his determination surpassed that his self-made wealth says it all.

Being given the chance to manage his family business way back then, Hussain Al Nowais only have a very few employees. On the record today, he now has over 6,000 employees and still growing to this date, which is inspiring.

Facing challenges, where he thought he can’t get over with, are not new to him as he experiences this like many others but he made sure that he is not disheartened and used these challenges to give him room for greater growth.

With over 30 years of experience in banking, finance, investments and project developments are only a few to mention of his achievements. It had made him as to what he is now.

Having great responsibilities as a successful businessman, Hussain Al Nowais have chaired several companies. Senaat, Al Nowais Investments, LLC Khalifa Fund, Emirates Steel and National Petroleum Construction Company are only a few of those that he had chaired.

Connected to 12 Board Members, in 12 organizations in 11 different industries all over the globe. Hussain Al Nowais have invested in industries like Oil and Gas Petrochemicals, Energy, Engineering and Construction, Real Estate and Hospitality, healthcare, Information, Communication, and Technology.

Hence, it is no wonder that Hussain Al Nowais profits and wealth increase because his investments covers almost everything of necessity and importance to people.

One noticeable trait and a good example that he displays is his long-standing partnerships with leading players in the industry.